UNICEF Innovation Fund Offers Funding Opportunity for Drone Startups; Open to Nepali Drone Startups

The UNICEF Innovation Fund will be making $100,000 equity-free investments to for-profit technology startups as early-stage finance. The companies should be involved in the use of drones and should be benefiting the humanity.

The Details: 

• UNICEF Innovative Fund is looking for companies that are working on open-source drone prototype or service.
• UNICEF also encourages companies working on open source, modular hardware that has a clear path to profit.
• The Fund provides seed funding, products, and technology development, business growth, networks and platforms and maximizes impact.
• The startup will also get exclusive access to UNICEF’s 6,500 m2 drone corridor with 500 meters above ground level located around Kasungu, Malawi.

Eligibility Criteria:

• The company must be registered as a private company in a UNICEF program country;
• It should be working on open source technology solutions or willing to be open-source under the following licenses or their equivalent: BSD (software), CERN (hardware), or CC-BY (content);
• There must be an existing prototype of the solution with promising results from initial pilots;
• The solution should have the potential to positively impact the lives of children.

Event Details

Application Deadline: July 22, 2018

Application Link: https://unicefinnovationfund.org/#/submit

More Details: https://unicefstories.org/vcfunddrones/

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